Starting your own firm is a challenge; structuring it to survive is a formidable task. Architects contemplating starting their own professional practices as well as those who have created their firms recently need to know the practical, professional, ethical, legal, and insurance issues that a new firm faces. You can now learn what you need to do to start and run a successful architectural practice by investing 90 minutes of your time in a free webinar on this topic with experienced architects who are running successful firms.
Few architects who contemplate creating their own firms have education or practice experience in the business, legal and insurance issues of practice. Finding initial funding and of operating a practice to secure a viable cash flow often are overlooked in planning a firm. Many entrepreneurial architects are unsure about considerations such as what constitutes of professional integrity or client satisfaction.
Architects who want to make the transition to running their own firms must recognize and analyze the advantages and disadvantages of independent practice before taking the significant step of starting a firm. They must be able identify the keys to client relations and ethical practice and look beyond the initial establishment of a firm with a sense of what keeps a professional practice viable. With sensitivity, sufficient planning, professional skill and business acumen, the architect starting a firm will be able to pursue personal and professional goals while managing business and professional risks routinely and profitably.
Two experienced firm owners, Edward Hord FAIA, founding principal of Hord Coplan Macht in Baltimore and 2014 AIA Trust Chair, and Michael Prifti, FAIA, second generation managing firm principal of BLT Architects in Philadelphia and 2015 AIA Trust Chair, participated in the webinar by sharing their insights and experience in starting and running a successful architecture practice. The 90-minute session was moderated by Frank Musica, Assoc. AIA, Senior Risk Management Attorney at Victor O. Schinnerer & Co., Inc.
Here’s what you’ll learn:
- Recognize and analyze the concerns that should be addressed in creating and maintaining a viable professional practice.
- Comprehend the legal, registration law and insurance issues intrinsic in creating a new practice entity.
- Identify the keys to client relations and ethical practice.
- Pursue personal and professional goals while managing risks routinely and profitably.
How to Access the Webinar
Simply download the manual and visit the AIA Trust webinars page to listen to the webinar. You may click here to download the manual. For the slides (without audio) click here to download them. Two learning unit credits available after viewing the webinar & materials; email your request with name/member number to AIATrust@aia.org.